Kiona Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May 1 Prepared a company check for $300,00 to establish the petty cash fund, May 15 Prepared a company ebeck to replenish the fund for the following expenditures made aince May 1. May 15 a. Paid $88,00 for janitorial nervices. May 15b, Paid $53.68 for miscellaneous expenses. May 15c. Paid postage expenses of $53.50. May 15 d. Pald $47,15 to Facebook for advertising expense. May 15e. Counted $62,15 remaining in the petty cash box. May 16 srepared a company check for $200.00 to inerease the fund to $500,00. May 31 The petty cashier reports that $283.20 cash renains in the fund. A coepany check is drawn to replenish the tund for the following expenditures made since May 15. May 31 f. Paid postage expenses of $147,36. May 31g. Reimbursed the office manager for bueiness nileage, $23.50. May 31 h. Paid $34.75 to deliver nerchandise to a custorer, terms ros destination. May 31 The company deeides that the May 16 increase in the fund was too large. It reduces the fund by $100.00, 16aving a total of $400.00. 1 Prepared a company check for $300.00 to establish the petty cash fund. 2 Prepared a company check to replenish the fund for the following expenditures made since May 1:$88.00 for janitorial services; $53.68 for miscellaneous expenses; postage expenses of $53.50; and $47.15 to Facebook for advertising expense. Counted $62.15 remaining in the petty cash box. 3 Prepared a company check for $200.00 to increase the fund to $500. 3 Prepared a company check for $200.00 to increase the fund to $500. 4 The petty cashier reports that $288.20 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15: postage expenses of $147.36, reimbursed the office manager for business mileage, $23.50; and $34.75 to deliver merchandise to a customer, terms FOB destination. 5 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $100.00, leaving a total of $400.00. \begin{tabular}{|r|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Merchandise inventory } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apri 30 & & & 4,900 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Common stock } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 2,500 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Service revenue } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 10.000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Insurance expense } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 1,200 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Rent expense } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 2,300 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Postage expenses } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Aprll 30 & & & 100 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Miscellaneous expenses } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 650 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Mileage expense } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apri 30 & & & 60 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Advertising expense } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & April 30 & & & 300 \\ \hline \end{tabular} Dates: April 30 to: April 30 Trial Balance Imprat on income
